It is 16 months since BHS went into administration, putting 11,000 people out of work. In February Sir Philip, 65, agreed to pay £363 million to the pension scheme, which has a deficit of £571 million.

Yesterday a video emerged of him on Mykonos, spraying champagne in a restaurant next to a table crammed with magnums. He has often been on his yacht since he was criticised for selling BHS for £1 to a group led by Dominic Chappell. BHS liquidators have begun legal action against his Arcadia empire.